Web Reference: Creating shared value is a framework for creating economic value while simultaneously addressing societal needs and challenges. Creating Shared Value (CSV) is a strategic framework businesses use to generate economic value in a way that creates value for society. The concept, put forth by Michael E. Porter and Mark R. Kramer in 2011, revolves around the idea that the competitiveness of a company and the health of the communities around it are mutually dependent. The framewo... The central premise behind creating shared value is that the competitiveness of a company and the health of the communities around it are mutually dependent.
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